Family First CEO Predicts Five New Trends for Caregivers in 2024

BOSTON, MA, USA, December 12, 2023 /EINPresswire.com/ — Evan Falchuk, CEO of Family First, the leading provider of caregiving solutions for employers and insurers, has announced his predictions of the important trends, events and impacts surrounding the caregiver crisis in 2024.

“Roughly three-quarters of Americans today are acting as caregivers, creating challenges for families, the government, and our economy that are increasingly hard to ignore,” said Falchuk. “While these challenges are enormous, there are some tremendous opportunities to make a real impact on this growing crisis.” Falchuk added he expects “big things to happen” in the coming year, including:

1. Caregiving solutions will become a top focus for employers. Nearly 75% of employees report balancing caregiving responsibilities with work, including employees in the “sandwich” generation caring for parents and children simultaneously. Employers face increased bottom-line costs from increased absenteeism, disability, and leave, reduced retention and productivity, increased healthcare costs, and reduced job satisfaction and well-being. As a result, more employers will prioritize solutions for these caregivers to improve their bottom line.

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